£2.5 million Welsh Government support for businesses hit by flooding

Thanks to Welsh Country for bringing this to our attention

The Welsh Government is making up to £2.5 million emergency funding available to support businesses severely impacted by floods caused by Storms Ciara and Dennis.

Businesses recovering from the devastating effects of the floods, specifically small to medium sized enterprises, will be able to apply for a grant of £2,500 to help get them fully functional as quickly as possible.

The Business Flood Relief fund will be administered by Business Wales and will support businesses with the immediate costs of recovery not covered by insurance, and to help meet the cost of renting alternative space and retaining staff.

The £2.5 million fund is in addition to support the Welsh Government will provide for local authorities to meet the costs of discretionary business rates relief due to flooding for up to three months where a number of business premises are affected in a concentrated location.

Further details on how to apply for the fund will be made available in the coming days through the Business Wales website. You can register your interest in applying for the fund by calling Business Wales on 03000 6 03000.